DSTi Signs Global Exclusive Deal with Xenomorph
- 09 November, 2005 13:36
<p>DSTi to add complex analytics functionality for large scale time series data across investment data solutions worldwide</p>
<p>Sydney, 9 November 2005 – DST International (DSTi) – today announced that it has signed an exclusive global agreement with Xenomorph to embed Xenomorph''s market leading time series data management functionality into DSTi''s Investment Data Solutions. DSTi is the leading provider of business solutions for the institutional investment management industry.</p>
<p>This arrangement will allow DSTi to exclusively use and build upon the Xenomorph technology in the fund management market to target the convergence of front-, mid- and back-office investment data needs.</p>
<p>Xenomorph’s TimeScape technology delivers high performance storage and retrieval of mass time-series, matrix and curve data and high end instrument analytics. Behind TimeScape is the XDB, an object model database optimised to support storage, manipulation and retrieval of large scale time-series data. It provides analytic applications and ‘plug-ins’, which can make complex analytics available in other applications, including Excel.</p>
<p>Ian Mathieson, CEO DSTi Australia and New Zealand said, “The requirement for true time series data management is increasing in importance in the fund management industry. The functional silos in fund management are breaking down and the distinction between back office record keeping, mid office risk and performance and front office quant and research functions are disappearing. By embedding Xenomorph’s technology into DSTi’s Investment Data Solutions, DSTi will be able to offer an integrated data management platform that serves the needs of the entire investment management enterprise.”</p>
<p>Greg Johnson, Xenomorph’s COO, says: “We are delighted to be working with such a global market leader in the asset management arena. We are convinced that the combination of DSTi’s expertise in fund management solutions and Xenomorph’s expertise in time series data and analytics will result in the next generation of solutions that has never before been available to the institutional market.”</p>
<p>DSTi will offer the time series function in the fourth quarter 2005.</p>
<p>- Ends –</p>
<p>About DST International (DSTi)
With 19 offices and over 1300 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and business process management software solutions and related services to 600 clients in 55 countries.
<p>About DST Systems, Inc.
Our parent company, DST Systems, provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organised domestically and internationally into three operating segments: Financial Services, Customer Management, and Output Solutions. DST operates one of the most advanced data centres in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST’s advanced technology and e-commerce solutions.</p>
Xenomorph is the leading provider of enterprise-wide data management and analysis solutions to the equities, fixed income, credit and derivatives markets. Xenomorph clients include global investment banks, major asset management companies and hedge funds across the world’s main financial centres, where its solutions are used by traders, risk managers, quantitative analysts, and IT and back office staff.</p>
<p>Xenomorph’s TimeScape solutions unite data management, connectivity and analysis, accelerating decision support, risk analysis and financial product innovation, all within a consistent framework that is able to meet the latest regulatory requirements. Xenomorph® and TimeScape™ are registered trademarks of Xenomorph Software Limited. Other product and company names herein may be trademarks of their respective owners.</p>
<p>For more information please visit www.dstinternational or contact:
Cathryn van der Walt
12 Worlds Pty Limited
Tel: 0402 327 633
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